Click on the link to enter the meeting: https://meeting.tencent.com/p/3085908645 Recently, there have been almost no errors in the positioning and direction of all the points within the group or in the live broadcast room. So, what should we do for today? Firstly, let's start from the macro news of the current market: 1. Institutional funds continue to flow out, with severe net outflows from spot ETFs (BTC&ETH) and a lack of buying and selling pressure to absorb. 2. Macro environment turning eagle: The probability of the Federal Reserve cutting interest rates in December has significantly decreased (from high expectations to around 30%), US bond auctions are weak, and overall risk assets are under pressure. 3. Leveraged liquidation amplifies the decline: On November 16th, the daily liquidation exceeded $600 million (ETH long-term liquidation nearly $170 million), forming a vicious cycle. 4. The spot ETH ETF has experienced consecutive days of net outflows, causing investors to lose patience with the pending approval of staking. 5. Long term holders (LTH) on the chain have shown signs of reducing their holdings, and although whales have accumulated a small amount, it is not enough to reverse the trend. 6. Fusaka upgrade: scheduled to launch on the main network at the end of November, with PeerDAS as the core (increasing blob capacity from 6 to 48), significantly improving Layer 2 throughput and reducing costs. It is considered a key step in the "The Surge" roadmap, and similar upgrades in history (such as Dencun) have caused a 40% to 60% preheating market. How can we find the best entry point and reduce our own order risk in response to the current macro news? The live broadcast room is currently explaining Tencent Meeting: 3085908645 QQ group number: 152760281 SafeW Communication Group https://www.sfw.vc/ +8UORTdGOYGSI5wSJSh8EIA Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.

[Vance Expects Non-Farm Payroll Report to Trigger Market Volatility] On November 20, U.S. Vice President Vance stated that the market is expected to experience 'crazy' fluctuations due to the non-farm payroll report.

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Coinbase now allows users to borrow up to $1 million in USDC against ETH, expanding its onchain loan product offered via Morpho.The ETH-backed launch comes as Coinbase’s BTC-backed loan product has reached $1.25 billion borrowed against $1.38 billion in collateralized BTC.